Earlier this year, I went to Hawaii to see what it’s like to live in a place controlled by a billionaire.
Sophie Alexander
1,071 posts
Sophie Alexander
@sooo__phie
Covering rich people, how their $ and power impact the rest of society @business
SIGNAL: 240-350-9251
Email me at salexander82 @ Bloomberg dot net
- The numbers are mind boggling: A ~$250,000,000,000 fortune. ~42,000,000,000 committed to philanthropy and ~7,200,000,000 donated so far. @BSteverman and I break down Jeff Bezos and MacKenzie Scott's plans to give away their massive fortunes via @BW
- Replying to @sooo__phieWhile $6 billion and $791 million are a lot, it's important to remember how big these fortunes are. Last year the couple added almost $100 BILLION to their combined fortunes.
- NEW: Months before Musk donated $5.7 billion of his Tesla stake to charity in November, he'd added a new face to his foundation's staff. Igor Kurganov, a former poker player-turned effective altruist seems to be running things at the Austin-based org
- MacKenzie Scott’s $8.6 billion charitable spree has been so fast and so big — and the process behind it so mysterious — that some real recipients think it’s fake. We reached out to all 780+ of them to learn more about where her money is going and how.
- The richest person in the world on the proposed billionaires’ tax:Replying to @rickmccracken @RonWyden and @JeffBezosExactly. Eventually, they run out of other people’s money and then they come for you.
- NEW: The $5.7 billion Musk quietly donated last year went to his own foundation after all. The foundation had its busiest year ever, making $160 million in gifts.
- Replying to @sooo__phieMy beat increasingly consists of stories about how billionaires control communities. If a billionaire has influence over your town, pls DM me!!
- Replying to @sooo__phieIt’s been a decade since Larry Ellison bought almost everything on Lanai – an island of 3,000 people with a rich and complicated history. People there are used to living under the control of a billionaire, but with $90 billion, Ellison is a whole new breed. A modern king!
- You probably know Trump is a businessman and that his business isn't doing very well right now, but do you actually know what his empire is made up of? @maxabelson , @BBGVisualData and I break it down for you.
- Replying to @delia_caiMr. Big from Sex and the City was manspreading next to me on the subway and I looked up to give him a dirty look and we made eye contact and I realized who he was and he knew it
- Sean Penn’s nonprofit exploded during the pandemic from ~12 to 2,500 people and $7MM in annual revenue to $122MM by 2021. As he got applauded, employees say @COREresponse fumbled federal funds and ignored staff concerns about finances and harassment.
